Mdevice (226590) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Mdevice (226590) has a cash flow conversion efficiency ratio of 0.341x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (₩13.57 Billion ≈ $9.20 Million USD) by net assets (₩39.82 Billion ≈ $26.98 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 226590 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Mdevice - Cash Flow Conversion Efficiency Trend (2022–2025)
This chart illustrates how Mdevice's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Mdevice Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mdevice ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tamil Nadu Newsprint & Papers Limited
NSE:TNPL
|
-0.022x |
|
Riber S.A
PA:ALRIB
|
-0.100x |
|
Alterity Therapeutics Ltd
AU:ATH
|
-0.196x |
|
Surge Battery Metals Inc
V:NILI
|
-0.033x |
|
Union Bankshares Inc
NASDAQ:UNB
|
0.125x |
|
Intertek Group PLC
LSE:ITRK
|
0.350x |
|
ADDvise Group B
ST:ADDV-B
|
0.032x |
|
Atlas Lithium Corporation Common Stock
NASDAQ:ATLX
|
-0.202x |
Annual Cash Flow Conversion Efficiency for Mdevice (2022–2025)
The table below shows the annual cash flow conversion efficiency of Mdevice from 2022 to 2025. For the full company profile with market capitalisation and key ratios, see 226590 company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | ₩47.93 Billion ≈ $32.48 Million |
₩-17.14 Billion ≈ $-11.62 Million |
-0.358x | -202.62% |
| 2024-12-31 | ₩26.29 Billion ≈ $17.81 Million |
₩-3.11 Billion ≈ $-2.11 Million |
-0.118x | +71.98% |
| 2023-12-31 | ₩4.63 Billion ≈ $3.14 Million |
₩-1.95 Billion ≈ $-1.32 Million |
-0.422x | -291.39% |
| 2022-12-31 | ₩11.99 Billion ≈ $8.12 Million |
₩2.64 Billion ≈ $1.79 Million |
0.220x | -- |
About Mdevice
MEGAELECTRONICS Co., Ltd. designs, manufactures, and sells storage devices in South Korea. It offers flash storage solid state drives and semiconductor storage devices for digital devices and data center servers. The company was founded in 2009 and is based in Gwacheon-si, South Korea.